Ugba 135 personal finance - Study guides, Class notes & Summaries

UGBA 135 Personal Finance Exam With Complete Solution...

UGBA 135 Personal Finance Exam With 100% Correct Answers 2023

What is an emergency fund? - Answer- Money set aside that covers at least 3-6 months of living expenses in the event of illness, job loss, or other emergency What is the definition of a millionaire? - Answer- People who are financially able to take care of themselves throughout their adult lives and live the life they want without help from government programs such as welfare, Medicare, and Social Security What is the Rule of 72? - Answer- Used to estimate how long it will take for a sum o...

UGBA 135 Personal Finance

UGBA 135 Personal Finance Exam Questions with correct Answers

UGBA 135 - Personal Finance Questions with complete solution 2023/2024What is the definition of a millionaire? - correct answer Those who are financially independent, living the life they want to lead, and are able to take care of themselves without financial help from government sources for their entire adult lives. What should you do if you are a victim of credit card theft? - correct answer Credit card theft is when your credit card is missing or stolen. Contact the credit card issuer or b...

UGBA 135 - Personal Finance. Exam Questions 2024. What is the definition of a millionaire? - correct answer Those who are financially independent, living the life they want to lead, and are able to take care of themselves without financial help from government sources for their entire adult lives. What should you do if you are a victim of credit card theft? - correct answer Credit card theft is when your credit card is missing or stolen. Contact the credit card issuer or bank immediately. Cl...

UGBA 135 - Personal Finance What is the definition of a millionaire? - correct answer Those who are financially independent, living the life they want to lead, and are able to take care of themselves without financial help from government sources for their entire adult lives. What should you do if you are a victim of credit card theft? - correct answer Credit card theft is when your credit card is missing or stolen. Contact the credit card issuer or bank immediately. Close the account immedi...

UGBA 135 - Personal Finance

UGBA 135 - Personal Finance Exam Questions and Answers